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20121229
20121229
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Search Results 0 to 10 of about 11
>>> this is fox 5 news at 10:00. >>> tonight a last ditch effort to avoid fiscal cliff is underway. both parties calling for an agreement as the deadline nears. >> but tonight we are going to begin with a winter weather alert, another round of snow heading our way. thanks for joining us tonight. a winter weather advisory for the d.c. area will go into effect in just a few hours. fox 5's gary mcgrady has the latest tonight. >> thanks a lot. cold out there tonight is the first thing you'll notice. the snow is still hours away now. temperatures outside really dropping out in the suburbs, frederick right now 28, baltimore 32, here in town holding at 38 degrees, manassas is freezing, culpeper freezing, winchester freezing, martinsburg below. once this precipitation overspreads the area, i think it's going to start as all snow, here's what we're talking about. we're already beginning to see the faintest of returns back out to the west just about to cross over into at least parts of extreme western virginia. most of west virginia is covered up with some sort of precipitation now. distinct
that in a few minutes. but first, with less than two days to go until we hit the so- called fiscal cliff, president obama's sum -- president obama summoned the house and summit leaders from both parties for a meeting on friday. if they can't reach a deal, taxes go up on all of us. plus, don't forget the impact on your 401k. audrey barns joins us with the latest. >> reporter: everyone involved in a meeting between republican and democratic leaders described it as productive, yet it didn't produce an agreement and there are two days left to get it done to avoid automatic tax hikes and across-the-board spending cuts. lawmakers involved in the white house summit vowed to keep chipping away at the sticking points to reach a deal. while senate minority leader mitch mcconnell struck an optimistic tone, senate majority leader harry reid sounded cautious, warning americans whatever they come up with by sunday won't be perfect. after the meeting, president obama made it clear failure is not an option. >> if we don't see an agreement between the two leaders and the senate, i expect a beam to -- bil
at these people falling one by one through thin ice. >> give me the rope from under the seat. >>> fiscal cliff hanger. >> the hour for immediate action is here. it's now. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job as a judge on a talent show? why simon cowell reportedly calls her toxic to the show's success. >>> and good morning, everyone. we've got a lot to get to this last week of 2012. can you believe this year is almost over? and of course, we're going to start the show with weather. take a look at snow falling overnight in illinois. the year ending with a one-two punch of nasty weather for much of the country. ginger zee will tell us how it will affect your travel plans. >> nothing makes ginger happier than a big winter storm. we'll talk to her in just a moment. >>> speaking of travel.
the fiscal cliff, president obama and republicans issued dueling messages on the web. >> we cannot afford the self inflicted wound to the economy. the folks you send to washington have to do their jobs. >> reporter: if the nation goes over the fiscal cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales. >> reporter: gets a deal is up to the top democrat and top republican. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. that's where we are. >> reporter: harry reid and mitch mcconnell say they are confident they can
negotiating the fiscal cliff deal. the work they're still trying to get done. the first call comes from lee in florida. caller: i tried to call in yesterday, but everybody was concerned about this matter. let me give you a website that i have been e-mail in over 400 people. it is the website -- you go to search "cause of war." this is the biggest cover up by all of the politicians of their in washington, d.c., including both bushes and of mr. obama. host: and what does this have to do with the senate negotiating a fiscal of deal? caller: let me tell you something. if you go to the website listed on the left and upper side, united states -- each tax coming out of each state is going towards the or. -- war. i believe all of these politicians, mayors, governors should take a half cut pay to pay down the deficit. host: we are going to move on to darwin on the line for independents. caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were go
're out, stay out. live in green belt tonight, ko im, 9 newsp. >> thanks, ko. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy. >> divided government is a good time to solve hard problems. in the next few days, leaders in washington have an important responsibility to work together to do just that. >> congressional leaders could present legislation to senators as early as tomorrow with a vote possible on sunday or monday. >>> coming up on 9 news -- ♪ [music] ♪ a local music legend dies. we'll have a look back at the career of mike aldredge. >>> welcome back, everybody. local blue grass music legend mike aldredch has died of cancer. he would have been 74 tomorrow. ♪ [music]
on the fiscal cliff. senate leaders are working on a last ditch agreement. they hope to vote as soon as tomorrow. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa coul
built a fiscal cliff soap box and went out and asked washingtonians to stand on it and sound off. now that we're within shouting distance of that cliff we thought it would be a good time to break out the soapbox once again so matt jablow packed it up and headed out to mcpherson square earlier today. >> reporter: what do you do for a living? >> i'm in the government. >> reporter: what do you make of this whole fiscal cliff mess? >> it seems like a against baby- sitting gig in a way. >> i'm really disappointed because, one, our lives are in other people's hands, and if you raise the taxes, how are we going to survive for 201 and on? >> i'm just, like i said, waiting to see what comes up and hope for the best. >> a lot of people don't know that we will automatically see a 2% did he address in our take- home tax. >> are you angry that we're even in this situation? >> not so much angry. just frustrated and, you know, just confused by it all, the lack of willingness to strike a deal should. what would you like lawmakers to give you regarding the fiscal cliff? >> compromise. i want them to c
at the bottom of your screen runs out. so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying t
taxes from going up, you're telling us what you think about that fiscal cliff. >> i would say this is a dramatic understatement. the 2012 political season was filled with memorable moments. how about the 47% or clint eastwood talking to an empty chair? and todd akin's legitimate rape comment. that's just naming a few. candy crowley looks back at the top ten political stories of 2012. >> reporter: picking the top ten moments of an election year is like finding your favorite grain of sand on the beach. there are an impossible number of possibilities. there are the moments when catch phrases become boomerangs. >> if you got a business, you didn't build that. >> i like being able to fire people who provide services to me. >> when cast members stole the spotlight. >> i'm an american woman who us contraception. let's start there. >> almost like an etch a sketch, you can shake it up and we start all over again. >> a fair number of moments ranging from ridiculous to explicable. >> i'm not going to shut up. it's my turn. >> i think it's called romnesia. >> if i were to coin a term it w
offered a slim glimmer of hope on the fiscal cliff solution today. he met with congressional leaders one on one for a last make it or break it negotiation. fox's ed henry takes a look at where things stand just days away from the fiscal cliff. >> timing is we're out of time. we got to do it now. that's why i said the next 24 hours will be very important. >> reporter: with the nation on the verge of the largest tax increase since toward war 2 president obama called congressional leaders to the white house for one last desperate shot at a -- world war ii, president obama called congressional leaders to the white house for one last desperate shot at a deal. some republicans believe the meeting with the president is really just for show. >> when the president calls congressional leaders to the white house, it's all political theater or they've got a deal. >> reporter: democrats insist the president tried for weeks to get an agreement on plan a, a $4 trillion debt deal, and after the failure of speaker john boehner's plan b mr. obama has taken the initiative to bring plan c to the meeting t
Search Results 0 to 10 of about 11